Sterling Aussie

G'day Dynamic Traders,

Hope you are all having a good week.
The EURCHF pair mentioned yesterday produced a bar today which stayed within the range of yesterday's bar and did not really do anything decisive. Those employing ESLT filters will therefore not have been triggered. Its time to be patient and allow the price to guide you. No one knows what is going to happen next and a winning trader does not need to know either (Mark Douglas).

Today's chart is the GBPAUD.
After a long move down price retraced to a Fib breather level ("big move, small pause, big move" in the words of our famous mentor). The value index has been tagged and is currently acting as resistance. A reversal candle is on display. Will the price continue its trend down?
Use the aid of trendlines, BOB and ESLT to time your entry.














Question 4
How long can I hold the vision?

Have a fantabulous weekend
Bijal Shah